limit put on the amount of funds that a government is allowed to borrow. Debt
limits are created in order to restrain the government’s ability to overspend,
which would eventually drive up taxes.
"debt limit." YourDictionary, n.d. Web. 17 December 2018. <https://www.yourdictionary.com/debt-limit>.
debt limit. (n.d.). Retrieved December 17th, 2018, from https://www.yourdictionary.com/debt-limit
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